BTC retesting the resistance and May go deeper (25000$- 24000$)

23 May 2023

BTCUSDT.PS

BTC almost retest the resistance and there is two possible scenario:

1- Best case:
Will support on Fibonacci 0.382. Then retest the 0.236 resistance ( topside of pitchfan and daily resistance at the same time too). I guess after that will move to fibonacci 0.5 level (25200$)

2- Worst case:
Will dump straight to test the fibonacci level 0.618 and center of pitchfan at the same time (near 23900$)

29 May 2023

Not

Near $28200. expecting dump!

30 May 2023

Not

There is a support on $27400.
We need to see the test of that level. BTC will go to 30K if price push back from that level or the short will be valid.

31 May 2023

Not

Exactly as expected. Next stop: $25280

2 Haz 2023

Not

Important:
We will close shorts on $27500. ( or deciding after NFP)

4 Haz 2023

Not

BTC may follow S&P500. Community is also bullish, but it's still bearish technically. So shorts are still valid.

5 Haz 2023

Not

In $26590 we will see how much the market is really bullish.
BTC moves healthy in these days.

5 Haz 2023

Not

$26590. Welcome to war zone :D

5 Haz 2023

Not

As you can see we predicted this May 23th. Some people may say its because SEC sues Binance and its fundamental , but its technical. Social medias just doing what they always do.

5 Haz 2023

Not

This analyze almost done.
BTC may go deeper but im going to find a good PRZ for long entry.
Stay tune ;)

5 Haz 2023

Not

Ok. Its a bit early to say that but near $25000 could be a PRZ. Let see what will happens on that price. If bulls hold that level, I guess price will push to near 26.6K and fall again to near $23980.
(No rush and wait for confirmations)